Visa Warns of Fraud Attack from Criminal Group
Visa is warning financial institutions that it has received reliable intelligence that an organized criminal group plans to attempt to move large amounts of fraudulent payments through a merchant account in Eastern Europe, possibly as soon as this weekend.More here.
In an alert sent to banks, card issuers and processors this week, Visa said it “has received intelligence from a third-party entity indicating that a criminal group has plans to execute “a large batch settlement fraud scheme.”
posted by Fergie @ 5/08/2010 09:34:00 AM
0 Comments:
Post a Comment
<< Home